🚨 Phyken Incentivized Testnet is Now Live !!! 🚨

3 min readJun 18, 2024

After extensive development, Phyken Network is set to launch its publicly Incentivized Testnet. This final testing phase will lead to the Phyken Mainnet and the onboarding of green energy #RWA onchain. The testnet allows early community members and ecosystem partners to earn rewards by completing quests and other activities that significantly contribute to the protocol’s initial development and community growth.

The primary goals of the Phyken Incentivized Testnet include:

Offering an incentivized product: Waitlisted wallets receive tokens to test the product’s flow. This includes KYC procedures, SWAPs, and gathering community feedback on the product.
Bootstrapping Growth of the Community: Focus on expanding a decentralized community by attracting more users and external contributors to the Phyken Network. This will foster collaboration and innovation within the ecosystem.
Assessing the Phyken Marketplace WebApp and Performance: Evaluate the marketplace’s resilience and performance to ensure network stability, security, and efficiency.

Testnet Timeline

Phyken Testnet employs a phased approach to gradually onboard different user groups, ensuring that the ongoing activities of existing members maintain the integration of new participants. Additionally, users will be invited depending on their position on the waitlist. This strategy underscores our vision of a harmoniously evolving ecosystem where community members seamlessly integrate and contribute to the network’s growth over time.

How to Participate Waitlist?

How to join the Waitlist?

Step 1: Visit our official website https://phyken.network/
Step 2: Click on the “Join Waitlist” button from the website, which will take you to https://app.phyken.network (double-check if you’re in the same subdomain).
Step 3: Connect your EVM address (We currently support Celo Network). Step 4: Go to ‘Opportunities’ and click on “RF Solar Farm.”
Step 5: Click on “Express interest in this offer” which will take you to the waitlist form.
Step 6: Fill in the relevant and mandatory information and click on Submit.
Step 7: You will receive a verification email at the registered email address; click ‘Confirm email.’

Road Toward the Mainet Launch

Participants can claim testnet KEN tokens and progress up the ranks on the Testnet Leaderboard. You can accumulate testnet #KEN. The team will process a snapshot over the testnet to Mainet migration. You will receive the equivalent testnet token and Mainet #KEN tokens.

Testnet Phase Approximate Duration
Phase 1 — Early Community Members: June — Late July
Phase 2 — Ecosystem and Partners: Late July — End August

In Phase 2, participants will receive a referral link to invite more participants, earning a percentage of the KEN generated through these referrals.

Filtering measures will be implemented before and after the Testnet launch to ensure fairness. This guarantees that each user qualifies for rewards tied to only one account.

About Phyken Network

RWA tokenization and fractionalization protocol focused on bringing green and renewable energy assets on-chain.

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